The rent prices in real estate in Salem, in the Oregon region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Salem has risen during the last 6 months. In August, the average price per sq.feet was $1.1. In the following month the price per sq.feet rose to $1.23. In the following two months the price per sq.feet has practically remained the same, going from $1.16 to $1.21 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.18 to $1.21 during December y January
When referring to the price in Salem (cities), there have hardly been any changes in the last 6 months. The rent price in August is $1,199, rising in September till $1,276. In the following two months the average price has hardly changed with regard to the previous two months from $1,237.5 to $1,296.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 95 %, going from $1,267 to $1,200.5 in December and January.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,197 they are 23 % more affordable than the average price for Salem . The properties with the highest average price have 4 bedrooms, Their price is 70 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,602.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.96 / sq.feet, with an average $1.22 / sq.feet price in Salem. The properties with the most expensive average prices have 1 bedroom. They are 20 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.16 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,197 it is 12 % more affordable than the average price in Salem. "" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $1,052 it is 99 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $1.26 / sq.feet. "House" at an average price of $1.26 / sq.feet has the highest price and would be directed at more affluent cities.